Letter of Engagement
Hi, Could you create function to generate letter of engagements.
As an accountant these are essential to us, as they dictate the working relationship and responsibilities of the firm and the client.
It would required conditional formatting where paragraphs would change based on the client entity and its the work undertaken, i.e VAT, Corporation Tax CT600
Would be happy to call you tomorrow as a user of the product I can elaborate what it can do and how you can save time drop me aline with your phone number and best time to call email firstname.lastname@example.org
Alan McCappin commented
Here is a list of questions i usually use to develop my LOEs.
Title of the Client
First Name of the Client
Last Name of the Client
Our Client Code for the Client
Client’s Trading Name
Client’s First line of Address
Client’s Second Line of Address
Client’s Third Line of Address
Client’s Post Code
Are we Preparing Unincorporated Accounts
Are we Preparing Limited Company Accounts
Are we preparing the Annual Return
Are we Preparing Individual’s Self-Assessment
Are we Preparing Partnership Tax Returns?
Are We Preparing Limited Company Tax Returns?
Are we running a payroll for the client
Are We producing CIS Monthly Returns
Are we producing P11d’s for the client?
Do we produce & file VAT Returns for Client
Do we produce management accounts for the client?
Do we do the book-keeping for the client?
Date of Commencement for Self-Assessment
Company’s Year End Date
Are we preparing the Management Accounts Monthly or Quarterly?
First Month we commence Management Accounts up to.
Alan McCappin commented
While you can do what you say, it can still be time consuming , deleting out paragraphy for each client, especially if you want to include details of agreed fees. There are also paragraphs which state which services you aren't undertaking i.e VAT because they are not registered yet but could be in the future. For instance. see below:
At the time of this letter you are not VAT registered. If registration becomes necessary, we will endeavour to ensure that you register in time provided that:
(a) you notify us in writing within 14 days of the end of each month of the total value of supplies you have made in that month; and
(b) you notify us immediately in writing if the value of taxable supplies that you will make in the next 30 days is likely to exceed the annual registration limit then in force.
It should be understood that our appointment as your agent does not absolve the company or its directors from their statutory responsibilities. We would draw your attention to the strict rules and time limits for the submission of such returns and the substantial penalties which may arise if these are not observed. It is therefore essential that we receive full information from you promptly to enable us to ensure that the returns are made on a timely basis. Completed returns will be sent to you for approval and signature prior to submission on the company’s behalf.
David La Ronde commented
You can create a letter template for engagement letter under
and you can have a letter engagement template for each entity type
Include a paragraph for all services and delete as required or not
Thanks for the suggestion.
It is possible to create standard letters in the system already. To do this, click on the main Settings tab, and then select the Mail Templates option (in the second last row). Here you can create your own customised templates with merge fields. You can create separate templates for each client entity if you wish.
Let me know if you have any further questions.